Post
Topic
Board Speculation
Re: BITCOIN'S VALUE WILL INCREASE ONCE ALL 21M BTC ARE MINED...SO HOLD YOUR BTC!
by
CryptoDamon
on 09/10/2018, 23:41:07 UTC
Many people are scared that the price of bitcoin can never rise above 15k again but i disagree with this. The total number of bitcoin is 21M and currently about 16.9M has been mined already. Don't forget that, currently some online marketing platforms (Amazon & Ebay), institutions (UNICEF) now accept bitcoin as another mode of payment aside Electronic payment and fiat currency. The demand of bitcoin will increase with time as more institutions decide to embrace cryptocurrencies(bitcoin) as a payment method. As the demand starts to increase then you can be rest assured that the value of bitcoin will also increase. This is the future folks, don't be scared by the trend of the market and sell cheap because Green days are coming!


The law of supply and demand. Since bitcoin has a supply limit and mining difficulty, no doubt that its value due to its scarcity will surely increase. We just have to wait for that moment to come and enjoy our profits.